Citi NYC headquarters blocked by climate protesters; police arrest over 20 people
Entrances at Citigroup's headquarters in New York City were blocked by climate protesters Thursday. Police made multiple arrests, and people were eventually able to enter the building.
Citigroup reorganizes business model to streamline operations
Citigroup is making "significant changes" to streamline its organizational model. The flatter structure will eliminate management layers and speed up decision-making.
Federal judge rules against CFPB's anti-discrimination effort
A federal judge ruled that the Consumer Financial Protection Bureau overstepped its authority by looking to pursue regulatory actions related to anti-discrimination efforts.
UBS to absorb Credit Suisse's Securities Research offering
UBS will absorb Credit Suisse's Securities Research service later in September, wrapping the business into its own research operations, the bank said in a letter.
Fed increasing demands for corrective actions by regional banks: report
The Federal Reserve has issued a number of private warnings to regional lenders as it seeks to tighten supervision following a spate of bank collapses.
Regulators propose changes to ‘living wills’ and debt rules for big banks in wake of crisis
Federal financial regulators proposed new rules for large banks that aren't classified as systemically important related to their long-term debt holdings and their "living wills."
'Shark Tank' star Kevin O'Leary warns soaring interest rates will cause 'real chaos' for US economy
"Shark Tank" star and multi-millionaire investor Kevin O'Leary discuss the U.S.'s feeble economy as mortgage rates continue to skyrocket year-over-year.
Credit card mistakes even high-credit score mavens make
Using credit cards for everyday spending, travel and to even pay monthly bills is a great way to build your credit score but there are some dos and don'ts even the most seasoned spenders need to know.
Consumers want AI to help manage their personal finances: study
A new study by Intuit Credit Karma via Qualtrics found that American consumers want generative artificial intelligence tools to help them manage their personal finances.
Wells Fargo says customers are experiencing 'issues with certain transactions' amid possible outage
Wells Fargo said that customers are experiencing issues with some transactions Thursday, according to a company spokesperson, amid reports of people being unable to access certain account features.
S&P downgrades multiple US banks citing 'tough' lending environment
S&P Global Ratings downgraded five regional U.S. banks by one notch and lowered its outlook for several other lenders, following a similar move by Moody's.
Bank app glitch allows customers with no funds to withdraw cash
A massive glitch with an app from the Bank of Ireland allowed customers with no funds in their account to withdraw money from ATMs across the country.
Fitch warns multiple US banks face credit downgrade: report
A Fitch Ratings analyst warned the agency may be forced to downgrade dozens of U.S. banks, including major lenders like JPMorgan Chase and Bank of America.
UBS agrees to $1.4 billion settlement with DOJ over 2008 financial crisis claims
Swiss bank UBS has agreed to pay more than $1.4 billion in a settlement with the U.S. Department of Justice over alleged misconduct leading up to the 2008 financial crisis.
California suspects attempt to steal bank ATM using a forklift, video shows
Surveillance video released by police shows a forklift being used during the attempted theft of an ATM at a Safe Credit Union in North Sacramento
Wells Fargo, BNP among firms fined $260 million over use of WhatsApp, texts
Regulators issued fines against several financial firms, including Wells Fargo and BNP Paribas, for failing to maintain records of employee communications on unapproved platforms.
Moody's downgrades US banks, warns of possible cuts to major lenders
Moody's downgraded several small and mid-sized banks and put six major Wall Street lenders on negative watch amid concerns over higher interest rates.
Most financial services execs who work from home would quit if required to return to the office
A majority of financial services leaders who work from home at least some of the time say they would leave their jobs if they were forced back to the office fulltime.
Wells Fargo fixing tech issue after customers report missing deposit transactions
Wells Fargo said Friday that it has been working to resolve a technical issue that caused some customers' deposit transactions to disappear from their accounts.
Apple's high-yield savings accounts brought in over $10 billion worth of deposits
Apple revealed Wednesday that the total number of deposits that the high-yield savings accounts, which it offers with Goldman Sachs, have brought in was more than $10 billion.